Tag Archive for: medium of exchange

The Anti-Concepts of Money: What Is Money?

The Anti-Concept of Money Series

If you’ve read the Introduction to this Anti-Concepts of Money Series then we are ready to address money. The Anti-Concept of Money Merriam-Webster says money is:  “something generally accepted as a medium of exchange, a measure of value, or a means of payment.”  Wikipedia says:  “Money is any item or verifiable record that is generally accepted […]

Episode 8: Why The Dollar Isn’t Money – PART 2


In a prior episode, we introduced the distinction between money and fiat currency, discussing what gives the dollar – or any fiat currency – its value. Now, we continue that conversation discussing additional characteristics of money, and illustrate how a false definition of money can lead to a corrupt state that wields blank checks. In […]

The Dollar Works Just Fine, Report 20 Jan 2019

Last week, we joked that we don’t challenge beliefs. Here’s one that we want to challenge today: the dollar doesn’t work as a currency, because it’s losing value. Even the dollar’s proponents, admit it loses value. The Fed itself states that its mandate is price stability—which it admits means relentless two percent annual debasement (Orwell […]